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T G Macarthy Trust

Today Dame Patsy hosted the annual meeting of the Thomas George Macarthy Trust. The Trust has had a huge impact on charitable funding in the Wellington Region since it was established by T G Macarthy in 1912.  Governors of the Trust included the Prime Minister, the Catholic Archbishop of Wellington, the Governor, and Wellington's Mayor. It is one of New Zealand's largest perpetual charitable trusts with assets in excess of $90 million, and is administered by the Public Trust. Each year Trust income of around $2 - $3 million is disbursed.

The aim of the T G Macarthy Trust was to help improve the quality of life for the disadvantaged and marginalised, to help young people develop and realise their potential, to look after and provide dignity for older people, and provide essential medical and emergency services.

T G Macarthy came to Otago in search of gold. He established a brewery in Charleston before moving to Wellington and diversifying his business interests. He was a respected businessman and public figure,  was director of the Wellington Opera House and was on the Board of Directors for the Bank of New Zealand and the Wellington-Manawatu Railway.

The Trust has given over $80 million to diverse not-for-profit community based groups in Wellington, the Wairarapa, Kapiti, Horowhenua, Manawatu and Whanganui Districts.

 

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